Whether you are evaluating your investments or calculating your overall financial situation, liquidity is important to understand. The level of liquidity of any particular asset depends entirely on how quickly it can be sold and converted to cash of equal value.

Cash

Investment incorporation has the least liquidity.

Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. Cash is the most liquid of assets while tangible items are less liquid. The two main types of liquidity include market liquidity and accounting liquidity.

Factors that influence your rate of return include the mix of assets, the business’s strategy and operations, the state of the economy, political stability, fiscal policy and regulations.

What is the disadvantage of having funds in a checking account? Individuals have checking accounts so that they do not have to carry much cash when making purchases. The big disadvantage of checking accounts is that they often pay no interest. Define and describe a debit card.

Reviewing your account statements can help you identify ways to save in fees, particularly if you are paying excess savings transaction fees. If you bank with a credit union or customer owned bank, your financial institution will provide you with a list of handy ways to reduce the fees you pay each month.

You, as the account owner, can also withdraw or remove funds from the account. You can withdraw by automatic electronic transfer, check, ATM card or debit card. There are many ways these days to withdraw money from your accounts.

Banks can also charge you for issuing documents. “Banks charge ₹50-150 for issuing duplicate physical passbooks and account statements. However, email statements are not charged,” said Chandani. It’s wiser to keep track of your accounts using net banking.

For over a decade, banks have started charging a fee for paper statements, encouraging consumers to opt into electronic statements or to “go paperless.” In truth, banks may prefer paperless statements because it saves them printing and mailing costs.

Banks and other services that provide financial statements have increasingly begun to charge a fee to provide paper statements to customers. Reducing the use of paper statements provides an environmental benefit and a substantial cost savings to the institutions that provide them.

Almost all banks and credit unions offer an option to view your bank statements online for free. The process varies from bank to bank, but here are some basic steps to follow. Log in to your account through the bank’s website or app.

Nobody should create a fake bank statement for the purpose of passing it off as an official document. This is an illegal act, and you can get into a lot of trouble for it. If you need to see your bank statement then just request for it from the bank, and they will print one out for you.

Today, bank records can be easily manipulated using Adobe Acrobat Pro software, which doesn’t require converting the file to a different format. Even PDF files that are not in text format can still be edited through other means.

Your bank statements are a ledger of what you did throughout that cycle. You can’t remove any transaction from it since they are auto-generates from the bank. Statements are also used in court and can be subpoenaed in a civil/criminal suit-so they are also considered legal documents.

You can’t hide. It will ultimately reflected in your account permanently. But if you take statement of your account after date of transaction it may not reflect, but that very transaction is not removable or hidable at all.

What should I submit as proof of salary?

1. Your name and surname.
2. Your company name.
3. The payment period.
4. Your gross salary.
5. Your net salary.
6. As well as 1 months corresponding bank statement showing your net income (as per your salary slip)